Crytek officially denied it has any "Xbox 720" or any kind of next-generation hardware from Microsoft, putting the kibosh on a rumor that, for the second time in as many months, said the 360's successor was coming soon.

Last month, there were reports that an "unnamed Electronic Arts studio" already had new…
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Relating to the recent rumours, Crytek do not have any next generation hardware from Microsoft, nor do we know when Microsoft may announce future hardware or what that hardware will entail.

Crytek are working at pushing the boundaries of what current technology can bring, including our focus on DX11 which will be released shortly as an update for Crysis 2, and we believe this work, added to our estimations of what the new hardware will provide, set up CryENGINE as a next generation engine for all consoles.